in NBT by
what is the correct way to prepare NBT  for manufacture

Sales 100
NBT     02
          102
VAT     15.3
          117.3

Payable to IRD 100*.02 or 102*.02  ??

1 Answer

0 votes
by (4.8k points)
VAT is calculated on the total of Price+NBT. Payable to IRD based on 102*2%. If you want to get full amount from customer, you need to charge 2/98 on price

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